Planned GivingDiscover a powerful way to make a gift last forever while realizing tax benefits for your generosity.
Planned Giving is an effective way to have an impact on the future well-being of Ascension DePaul Foundation New Orleans (ADFNO). Individuals have many options available to them in making their estate plans such as bequests, charitable remainder trusts, charitable lead trusts or insurance policies.
Bequests – Hotel Dieu Society
ADFNO recognizes all who have made provisions for the Foundation in their estate plans through The Hotel Dieu Society. When a member of our community makes a planned gift they automatically become a member of this very important group of supporters of the Mission of the Daughters of Charity. Bequests, large and small, are a significant source of support for the ADFNO. Simply stated, a bequest is the act of naming the Foundation in your will. The Foundation's policy is for all realized bequests to be placed in the Foundation's endowment, unless otherwise specified by the donor. The Hotel Dieu Legacy Society honors a special group of donors who, through their legacy, support our efforts to provide health care centered on service to the poor, reverence, integrity, wisdom, creativity and dedication to improving the overall health care status of the community. The highlight of membership is an invitation to an annual luncheon with the Chairman of the Board of Ascension DePaul Foundation New Orleans to hear about the latest developments and their role in supporting the legacy of the organization. Please contact Monica Sanusi Gele at (504)212-9544 for more information about the Hotel Dieu Legacy Society.
If you'd like to play an important part in supporting us but feel now is not the time, you may be surprised to learn how life insurance can help fulfill your philanthropic goals and ease your financial concerns. Many individuals name Ascension DePaul Foundation New Orleans as the sole beneficiary or one of the beneficiaries of a life insurance policy. The Foundation would receive the benefit at the time of death of the donor.
The Foudation also highly recommends that you consult with financial advisor while considering your estate plans. For your information, brief descriptions of planned giving vehicles are offered below.
Charitable Remainder Trust
If you own real estate or securities that have appreciated greatly over the years and you want to avoid paying the capital gains taxes you would incur when you sell, a Charitable Remainder Trust may be an attractive option for you.
Irrevocable Remainder Trust
Using your appreciated property or securities, set up an Irrevocable Remainder Trust with your attorney or financial planner and name Ascension DePaul Foundation as the beneficiary. The Trust, which is not subject to tax, sells property or securities, reinvests the proceeds and makes specified annual payments to you or other designated individuals for a specified period of time. At the end of that period, the remaining funds in the Trust go to the Foundation.
Charitable Lead Trust
A Charitable Lead Trust is essentially the reverse of a Charitable Remainder Trust. You would transfer your appreciated property or securities to an Irrevocable Trust, but with this type of investment the Foundation receives the annual income interest payments for a specified period of time or your lifetime. At the end of that period, the remaining funds return to you or your designated beneficiary.
For details contact: Monica Sanusi Gele, CFRE by phone (504) 212-9544 or by email firstname.lastname@example.org